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Current mortgage interest rates at TD Bank (December 6, 2013)

Current mortgage interest rates at TD Bank (December 6, 2013)


Current mortgage interest rates at TD Bank (December 6, 2013)

Current mortgage interest rates at TD Bank December 6 2013Interest rates of new purchase and refinancing home loans at Toronto Dominion Bank (NYSE: TD) did not seem to be providing a sigh of relief to the interested borrowers any sooner. The benchmark 30 year fixed mortgage interest rates got even worse on Friday December 6, 2013 and made the mortgage products less attractive in the eyes of the potential home buyers.

According to the recent publications, the standard 30 year fixed rate mortgage loans touched a new mark of 4.254% when it comes to interest rate published in the books, and stand listed at an annual percentage rate of 4.351%. In the short term category, the bank quotes its popular 15 year fixed rate mortgage deals at an interest charge of 3.906%, which are yielding an APR of 4.076% today.

For the borrowers looking for more variable financing options, TD Bank includes 3 year adjustable rate mortgage loans in its portfolio at a rate of 2.660% and come along with an APR yield of 3 ARMPA@. In the 5 year category, the customers can find the adjustable rate mortgage options stated at an interest rate of 3.176% and an APR yield of 5ARMPA@.

In case the mortgagors want some more flexibility, the 7 year adjustable rate mortgage home loans can be acquired at a rate of 3.542% and an APR yield of 7ARMPA@ today. The most flexible, 10 year ARM loans can be obtained by dealing with an interest burden of 3.906% and an annual percentage rate of 10ARMPA@.

In the refinancing department, the customers can find 30 year fixed rate mortgage loans registered at a rate of 4.504% and carrying an APR yield of 4.602%. On the other hand, the short term, 15 year refinancing fixed rate mortgage deals can be acquired at an interest rate of 4.156% and an annual percentage rate of 4.327%.

When it comes to the adjustable rate mortgages, the 5 year refinancing deals can be had by paying an interest cost of 3.426%, which is backed by an APR yield of 5ARMRA@.  However, the 7 year refinancing adjustable rate mortgage loans are now up for grabs at a higher rate of interest of 3.792% and carry an APR yield of 7ARMRA@.

Today, TD Bank announced its quarterly dividend, which is scheduled to be given to the shareholders of record on Monday, January 6, 2014. The bank will be providing a dividend of 0.86 per share on Friday, 31 January 2014, which would amount up to $3.44 dividend on a yearly basis, with a yield of 3.64%.

Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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